The Foundation for Adventist Education
Private foundation Silver Spring, MD fae.adventist.org Still adding venture funds
The Foundation for Adventist Education reports 4 venture funds, $3.2M in all.
Holdings are from its Form 990-PF return for the year ending December 31, 2024, compared with the one for December 31, 2023. That is more than a year ago: it may have added or sold funds since. Foundations file up to ten and a half months after their year ends, and the IRS publishes returns months after that. “Still adding venture funds”: its newest venture fund is a 2022 vintage, within 3 years of 2024.
The numbers
| Vintage | Venture funds |
|---|---|
| 2015 | 1 |
| 2016 | 0 |
| 2017 | 0 |
| 2018 | 0 |
| 2019 | 1 |
| 2020 | 0 |
| 2021 | 0 |
| 2022 | 1 |
Updates from The Foundation for Adventist Education
All of The Foundation for Adventist Education’s updates on Hottub VC
Largest venture holdings
From its Form 990-PF return for the year ending December 31, 2024; “New” is a fund that wasn’t on the return before it.
| Fund, as reported | Manager | Vintage | Year-end value |
|---|---|---|---|
| Sinewave Ventures Fund III, L.P. | Sinewave Ventures, LLC | 2022 | $1.1M |
| Sinewave Ventures Fund II, L.P. | Sinewave Ventures, LLC | 2019 | $773K |
| Foundersx Growth B LP | Foundersx Ventures, LLC | — | $688K |
| Sinewave Ventures Fund I, L.P. | Sinewave Ventures, LLC | 2015 | $585K |
Open The Foundation for Adventist Education in LP Intelligence for every fund it holds and how to reach it, or find the LPs that back firms like yours.
LPs nearby
Within 100 miles, by city: a trip to one can take in the others.
- Richard E & Nancy P Marriott Foundation
- The Moses Feldman Family Foundation
- The Morningstar Philanthropic Foundation D/B/A the Morningstar Foundation
- The Educational Foundation of America
- De Beaumont Foundation Inc
- Diana Davis Spencer Foundation Inc
- England Family Foundation
- The Keith Campbell Foundation for the Environment Inc
145 LPs within 100 miles in all: see them on the map.
About this data
Holdings as this foundation lists them on its Form 990-PF (Part II, lines 13 and 15). Amounts are year-end fair market value, or book value where it gives no other, not commitments or returns. As of December 31, 2024; new holdings are those not on its return for the year ending December 31, 2023. Source: IRS Form 990-PF. Funds are linked to a manager by name; a match can be wrong, and the original filing is the record. How Hottub reads its sources.